HomeBuyAll2RMD19 - Hougang / Punggol / Sengkang2 Bed Condo for Sale in Riverfront Residences

2 Bed Condo for Sale in Riverfront Residences

41 Hougang Avenue 7 533813, Kangkar, North-east Region, Singapore

$1,120,000

Added 4 months ago
Beds: 2Baths: 1Area: 614 sqft
Above Market· 10.1% above market
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IMAGES GALLERY

Property Details

Property IDjoCmgVR4rw9hms6r9BGT3i
PriceS$1,120,000
Property TypeCondo
StatusFor sale
Beds2
Baths1
Built Area614 sqft
PSF
S$1,824
Year Built2024
Furnished StatusUnknown

Description

Features & Amenities
Pool deck
Function room
Gym
Tennis court
Playground
Steam room
Jogging track
Clubhouse
Lap pool
Hammocks
Yoga corner
Bbq

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

Location

41 Hougang Avenue 7 533813, Kangkar, North-east Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

463

Average Price

S1.2M

Total Value

S548.1M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 495 URA transactions · 2 outliers removed (IQR)

Fair Value

S$1.02M

S$1,657 psf

Asking Price

S$1.12M

S$1,824 psf

vs Market

+10.1%

Above Market

vs Last Done

+4.6%

Market Price

Tenure

97 yrs

99-year Leasehold · Balance remaining

Confidence

High

495 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Hougang

889m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

495 comparable transactions

S$1,650

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.941

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,657

Recent Comparable Transactions

10 shown · 495 total
Last Done

HOUGANG AVENUE 7

Aug 2025 · Floor 01-05

S$1,744 psf

+5.3% vs FV

614 sqftS$1,070,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Aug 2025 · Floor 01-05

S$1,744 psf

+5.3% vs FV

614 sqftS$1,070,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Aug 2025 · Floor 01-05

S$1,597 psf

-3.6% vs FV

517 sqftS$825,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Aug 2025 · Floor 11-15

S$1,707 psf

+3.0% vs FV

463 sqftS$790,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Aug 2025 · Floor 11-15

S$1,870 psf

+12.9% vs FV

872 sqftS$1,630,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Aug 2025 · Floor 06-10

S$1,685 psf

+1.7% vs FV

463 sqftS$780,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Aug 2025 · Floor 01-05

S$1,741 psf

+5.1% vs FV

1,109 sqftS$1,930,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Jul 2025 · Floor 01-05

S$1,711 psf

+3.3% vs FV

721 sqftS$1,234,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Jul 2025 · Floor 06-10

S$1,763 psf

+6.4% vs FV

1,679 sqftS$2,960,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Jul 2025 · Floor 06-10

S$1,653 psf

-0.2% vs FV

463 sqftS$765,00099 yrs lease commencing from 2018

HOUGANG AVENUE 7

Jul 2025 · Floor 11-15

S$1,742 psf

+5.1% vs FV

872 sqftS$1,518,88899 yrs lease commencing from 2018
Below Fair Value
Above Fair Value
FV: S$1,657 psf

HELIOS AI Analysis

Based on 495 URA transactions (2 outliers removed), adjusted for: Tenure decay (5.9% discount); MRT Hougang 889m away (+1%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Vivien Ong

Vivien Ong

SRI PTE. LTD.

CEA: L3009250K

+65 9036 xxxx
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